Why SeaWorld Entertainment (SEAS) Stock Is Down Today

NEW YORK (TheStreet) -- SeaWorld Entertainment (SEAS) stock is down by 0.20% to $29.27 on Tuesday afternoon as the California State Assembly holds its first meeting regarding the proposed AB214 Bill, which would ban orca (killer whale) shows in the state.

The bill by Democratic Assemblyman Richard Bloom was inspired by the 2013 documentary film, "Blackfish." The film questions SeaWorld's treatment of its killer whales and suggests stress from prolonged captivity is what led one of the park's orcas to kill three people.

If passed, the bill would remove all 10 of SeaWorld San Diego's killer whales from their tanks and place them into large sea pens. 

SeaWorld recently announced a 13% drop in park attendance.

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